The federal government reserved the option to adjust the funding levels after March 13 when it introduced the subsidy for fixed property expenses last November.

Alberta’s education mill rate has nudged up 0.1 basis point, adding $0.01 per $1,000 of assessed value to the provincial portion of property tax bills.

Women were jettisoned from 14,300 of the roughly 16,000 positions Ontario's real estate, rental and leasing sector shed last year.

Isle of Man and Jersey are drawing high-net-worth individuals looking for a combination of financial secrecy and low corporate taxes, advises a leading mortgage broker for such clientele.

Relief helps to offset a year when RevPAR plummeted by 60 per cent relative to 2019 and the 12-monrh average hotel occupancy rate barely nudged above 33 per cent.

Loans of $25,000 to $1 million will be available through the Highly Affected Sectors Credit Availability Program (HASCAP), fully guaranteed by the Business Development Bank of Canada.

A sustainability plan and budget should be made with the mindset of plan and prevent, instead of react and pivot.

Commercial evictions are still on hold in Ontario for qualifying tenants experiencing pandemic-related financial stress. A new regulation, enabled through 2020 budget legislation, extends the protections.

For now, residential and small business customers enrolled for either time-of-use (TOU) rates or tiered pricing under the provincial regulated price plan will be charged the off-peak TOU rate of 8.5 cents per kilowatt-hour for all electricity consumption.

Ontario’s Electrical Safety Authority (ESA) has been advised to place greater priority on the scrutiny of complex installations and adopt technologies to better support efficient, cost-effective service delivery.

The commercial real estate, facilities management and construction/retrofit sectors appear poised to capture a share of the spending announced in the Canadian government’s fall economic statement.

Beyond stores selling essential goods, bricks-and-mortar retail is reeling from COVID-19-triggered public health controls and watching its already gaining competition grow even faster than projected.

CERS will deliver direct rent support to qualifying tenants without the need to work though their landlords. As a direct subsidy, unlike CECRA, no loan agreement is required.

Impacts of the hard insurance market are trickling into condominium corporations across Canada, challenging boards and managers in their wake.

A proposed amendment to the Commercial Tenancies Act, included in Ontario's budget bill, would allow the Minister to impose future COVID-19-related prohibitions on commercial evictions via regulation.

The roughly $433-million annual allocation for the relief measure will cover a small portion of the total global adjustment, which surpassed $1 billion in every month from January to September this year.

The commercial property tax rate is at least double the residential rate in eight of the 11 surveyed cities, with commercial ratepayers in Montreal, Toronto and Quebec City shouldering the most disproportionate shares.